Coingape
Published on 2025-02-08 | 1 month ago

Will Ripple CEO Resign If Appointed As Trump’s Crypto Council Advisor?

Ripple CEO Brad Garlinghouse was in the spotlight this week, with recent reports indicating that he is likely to be appointed to Donald Trump’s crypto advisory board. However, as the reports sparked discussions on social media platforms, many have questioned his future role in Ripple, if he accepts the crypto advisor invitation. Clearing doubts, a renowned lawyer within the XRP community has shed light on the potential future of the CEO at the blockchain firm. Ripple CEO Likely To Join Trump’s Crypto Council The New York Post recently reported that the competition for a position on Trump’s crypto advisory board is fierce. Industry leaders and major donors are eager to secure a spot on the council, which is expected to influence the US digital asset regulations for the next couple of years. According to sources cited by NYNext, Ripple CEO Brad Garlinghouse met with Trump at Mar-a-Lago last month, further fueling speculation about his appointment. Other prominent figures, including Kraken’s former general counsel Marco Santori, Coinbase CEO Brian Armstrong, and Circle CEO Jeremy Allaire, are also being considered. Meanwhile, crypto enthusiasts are closely watching Garlinghouse’s possible role in shaping the US crypto policies. Besides, his appointment could enhance Ripple’s influence in regulatory discussions and further legitimize the company’s position in the crypto space. Simultaneously, it has further triggered discussions over consideration of Ripple’s native crypto, XRP to be added to the US National Reserve asset list. Will Brad Garlinghouse Leave Ripple CEO Role? With reports of Brad Garlinghouse’s potential advisory role circulating, concerns arose about whether he would be required to step down as Ripple’s CEO. One XRP community member directly questioned pro-XRP lawyer Jeremy Hogan about the implications of such a move. However, Jeremy Hogan dismissed the concerns, stating that the CEO’s departure would depend on his employment agreement. He added, “But Even if it did, I’m sure the Board would make an exception for this!” This statement suggests that the blockchain firm’s leadership would likely accommodate the CEO’s dual responsibilities if he accept the advisory position. What’s Next For Ripple And The US Crypto Policy? If Brad Garlinghouse joins the advisory council, Ripple could gain a stronger foothold in the US regulatory discussions. This could be a game-changer for the firm, especially amid the ongoing XRP lawsuit, which has gained notable traction from the market participants for long. At the same time, Trump’s pro-crypto stance has sparked optimism among investors. With key industry figures in the council, the US may witness a shift towards more crypto-friendly policies. Besides, Garlinghouse recently lauded the Crypto Czar David Sacks’s crypto policy discussions development, calling it a “big deal” for the market. Meanwhile, it could also boost XRP’s appeal in the market, especially amid the soaring rumors over the crypto being added to the US National Reserve alongside other cryptocurrencies. Notably, a recent XRP price analysis hints at a potential surge for the crypto to over $5 if Garlinghouse gets appointed for the role. The post Will Ripple CEO Resign If Appointed As Trump’s Crypto Council Advisor? appeared first on CoinGape.

Read full article on COINGAPE

Latest News View more

BITCOIN.COM | Published on 2025-03-12 | 8 mins ago
Bullish
1%

Bullish
Neutral
11%

Neutral
Bearish
89%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
1
BITCOIN.COM | Published on 2025-03-12 | 8 mins ago
COINTELEGRAPH | Published on 2025-03-12 | 11 mins ago
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
2
COINTELEGRAPH | Published on 2025-03-12 | 11 mins ago
COINTELEGRAPH | Published on 2025-03-12 | 42 mins ago
Bullish
69%

Bullish
Neutral
31%

Neutral
Bearish
1%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
3
COINTELEGRAPH | Published on 2025-03-12 | 42 mins ago
COINGAPE | Published on 2025-03-12 | 43 mins ago
Bullish
2%

Bullish
Neutral
22%

Neutral
Bearish
76%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
4
COINGAPE | Published on 2025-03-12 | 43 mins ago
NEWS BTC | Published on 2025-03-12 | 49 mins ago
Bullish
5%

Bullish
Neutral
94%

Neutral
Bearish
1%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
5
NEWS BTC | Published on 2025-03-12 | 49 mins ago
DECRYPT | Published on 2025-03-12 | 49 mins ago
Bullish
72%

Bullish
Neutral
28%

Neutral
Bearish
1%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
6
Top 10 Performance
XRP +4.25% News
DOGE +2.66% News
BTC +2.32% News
BNB +1.69% News
SOL +1.12% News
ADA +1.03% News
USDC +0.00% News
USDT +0.00% News
ETH -0.48% News
TRX -4.01% News
View more